CrowdStrike Holdings (CRWD, $162.10) beats fiscal Q1 earnings expectations
CrowdStrike Holdings Inc. posted its fiscal first quarter earnings results, that beat analysts’ expectations. The cybersecurity company also boosted its annual guidance.
CrowdStrike incurred a fiscal first-quarter loss of - 14 cents a share. Its adjusted earnings came in at 31 cents a share, handily topping the 23 cents a share expected by analysts polled by FactSet. The figure was 10 cents a share a year earlier.
Revenue of $487.8 million (up from $303 million in the year-ago quarter) also beat analysts’ expectations of $464 million.
Looking ahead, CrowdStrike projects adjusted earnings in the range of 27 cents to 28 cents a share, higher than analysts’ forecast of 24 cents a share. The company expects revenue of $512.7 million to $516.8 million for the quarter, vs. analysts’ prediction of $510 million (based on FactSet estimates).
For the full-year, the company is expecting adjusted earnings of $1.18 to $1.22 a share, higher than its prior guidance of $1.03 to $1.13 a share. It predicts revenue of $2.19 billion to $2.21 billion, vs. previous forecast of $2.13 billion to $2.16 billion.
Momentum Indicator for CRWD turns positive, indicating new upward trend
CRWD saw its Momentum Indicator move above the 0 level on November 03, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned positive. In of the 74 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CRWD just turned positive on November 06, 2023. Looking at past instances where CRWD's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CRWD advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 308 cases where CRWD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRWD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CRWD broke above its upper Bollinger Band on November 29, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRWD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (25.126) is normal, around the industry mean (20.967). P/E Ratio (0.000) is within average values for comparable stocks, (158.832). Projected Growth (PEG Ratio) (1.810) is also within normal values, averaging (2.583). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (17.921) is also within normal values, averaging (74.499).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CRWD’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
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Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a holding company, which provides cloud-delivered solution for next-generation endpoint protection.
Industry PackagedSoftware
CRWD and
Correlation & Price change
A.I.dvisor indicates that over the last year, CRWD has been closely correlated with ZS. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if CRWD jumps, then ZS could also see price increases.
| Ticker / NAME | Correlation To CRWD | 1D Price Change % | ||
|---|---|---|---|---|
| CRWD | 100% | -0.83% | ||
| ZS - CRWD | 70% Closely correlated | +0.25% | ||
| CYBR - CRWD | 63% Loosely correlated | +1.06% | ||
| PANW - CRWD | 60% Loosely correlated | +0.36% | ||
| S - CRWD | 60% Loosely correlated | +3.88% | ||
| CLSK - CRWD | 58% Loosely correlated | +22.44% | ||
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